Robinhood Markets Assets Under Custody At End Of Feb. $118.7B, Up 16% From Jan., Equity Notional Trading Volumes Up 36%
Portfolio Pulse from Benzinga Newsdesk
Robinhood Markets reported a 16% increase in assets under custody at the end of February, reaching $118.7B. Additionally, equity notional trading volumes surged by 36%.

March 13, 2024 | 8:06 pm
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POSITIVE IMPACT
Robinhood Markets saw a significant increase in assets under custody and equity notional trading volumes, indicating strong performance and potentially increased investor confidence.
The reported increase in assets under custody and equity notional trading volumes for Robinhood Markets suggests a positive trend in both the platform's usage and investor engagement. This could lead to increased investor confidence in HOOD, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100